BlackRock, the world’s biggest money manager, has successfully placed executives from its own ranks in key positions on President Joe Biden’s economic team.
Considering the firm’s clear emphasis on progressive policies in investment decisions – called Environmental, Social, and Governance (ESG) – it doesn’t surprise that its alumni would be among the economic decision-makers at the White House.
The BlackRock veterans are:
Mike Pyle, who will be Vice President Kamala Harris’s chief economic adviser. He was BlackRock’s Global Chief Investment Strategist after a stint in the Obama administration.
Brian Deese, who will be director of the National Economic Council. He was previously deputy director and also a senior advisor to Obama. For BlackRock, he was global head of sustainable investing.
Adewale “Wally” Adeyemo, who will be deputy secretary of the Treasury Department, if he is confirmed by the Senate. He was Obama’s senior
1/26/21- Paul Kamenar, Counsel to the National Legal and Policy Center, is interviewed by One America News Network’s John Hines on the $22 million in anonymous donations from China to the University of Pennsylvania, home of the Biden Center. Antony Blinken, confirmed by the Senate today as Secretary of State, served as managing director of the Biden Center when the donations were made… Read More ➡
Menendez ran interference with federal regulators to aid Melgen in his ultimately unsuccessful effort to get that contract. He also helped Melgen out with the feds in his Medicare fee dispute.
Why was a New Jersey senator acting on behalf of a Florida eye doctor? In that trial in Newark, the federal prosecutors argued that Menendez did it because of the favors that Melgen did for … Read More ➡
If one form of union corruption dominated 2020, it was benefit fraud. And there were quite a few huge hauls. In California, the International Longshore and Warehouse Union-Pacific Maritime Association health plan was fleeced twice over. In one case, four persons made off with $3 million. In the other, a Los Angeles-area chiropractor, Mahyar David Yadidi aided by two associates, collected reimbursements worth $4.8 million for nonexistent or unnecessary services. That’s not even including a separate $3 million ILWU scam resulting in sentences for three persons back in 2019. In New York City, executives of the Navillus construction firm were indicted for their roles in a scheme allegedly depriving members of over $1 million in retirement benefits. And in a shocker, an external audit and a long internal memo accused longtime International Association of Fire Fighters President Harold Schaitberger and another IAFF official of misusing $6 million in union … Read More ➡
1/18/21- Paul Kamenar, Counsel to the National Legal and Policy Center, is interviewed on America’s Voice on Biden’s appointment of former FDA Commissioner David Kessler to head up Operation Warp Speed.… Read More ➡
The National Legal and Policy Center (NLPC) is calling upon the Senate Foreign Relations Committee to demand Tony Blinken, Joe Biden’s pick to be Secretary of State, explain anonymous Chinese funding of the Penn Biden Center for Diplomacy and Global Engagement that Joe Biden established in 2018 with the University of Pennsylvania, where Blinken was Managing Director and other Biden aides from the Obama Administration operated as the government-in-waiting.
The confirmation hearing is scheduled for January 19, 2021 at 2:00 PM.
NLPC filed a major complaint with the Department of Education earlier last year demanding that the University of Pennsylvania and its Penn Biden Center disclose the identity of $22 million in anonymous Chinese donations since 2017, including a single eye-popping donation of $14.5 million given on May 29, 2018, shortly after the opening of the Biden Center in Washington, DC. Altogether, China gave … Read More ➡
Dr. David Kessler, co-chair of President-elect Biden’s COVID task force, has been chosen to replace Dr. Moncef Slaoui as Chief Scientific Advisor to Operation Warp Speed, who has agreed to stay on a month to help Kessler with the transition. Dr. Kessler had resigned as President Clinton’s Food and Drug Administration Commissioner in late November 1996 after Clinton’s re-election following the controversy of his overbilling travel expenses during his tenure.
The National Legal and Policy Center (NLPC), an ethics watchdog group, which led the investigation into Kessler’s travel expenses when Kessler was FDA Commissioner, had called upon Biden in a November 18, 2020 press statement not to appoint Kessler as HHS Secretary, who was at that time a leading contender for the post. Instead, Biden chose Xavier Becerra as his HHS Secretary and this appointment appears to be a consolation prize. Notably, the critical position of the Commissioner … Read More ➡
NLPC Chairman Peter Flaherty is interviewed by Steve Gruber on America’s Voice about Big Tech censorship in the wake of Twitter’s permanent suspension of President Trump and the deplatforming of Twitter alternative Parler.… Read More ➡
Real America’s Voice 1/5/21- Paul Kamenar, Counsel to the National Legal and Policy Center, is interviewed by Amanda Head about the group’s Foreign Agent Registration Act Complaint against the Biden Center at the University of Pennsylvania, Hunter Biden and the Truman National Security Project. Antony Blinken, managing director of the Biden Center, will be nominated to be Secretary of State.… Read More ➡
CEOLarry Fink is escalating his leftist political agenda influence, exerted through his mega-investment firm BlackRock, to outright intimidation.
It began gently almost three years ago, with Fink urging several corporate CEOs in a letter to make “a positive contribution to society” beyond generating profit for shareholders, to “serve a social purpose.” The initiatives pressed most urgently addressed climate change risk and disclosure, and diversity initiatives.
The tone has gone from pleadings to threats, as outlined in BlackRock’s “2021 Stewardship Expectations,” issued a couple of weeks ago in advance of corporate annual meetings that will be held in the coming months. As reported by investment equity law firm Ropes & Gray, BlackRock has intensified its demands in pursuit of compliance with its priorities.
Among BlackRock’s plans:
“Broadening the universe of focus companies – from 440 to more than 1,000 – that it